Medindia
Advertisement

Britons Spend 46 Bln Pounds on Gambling Every Year

by Bidita Debnath on December 8, 2013 at 11:47 PM
Font : A-A+

 Britons Spend 46 Bln Pounds on Gambling Every Year

British people are mad about gambling and they spend 46 billion pounds a year on machines in bookies, which is a rise of 50 percent in just four years.

Punters can lose up to 100 pounds every 20 seconds on the casino-style slot machines dubbed the "crack cocaine" of the betting industry.

Advertisement

Gambling Commission figures show bookies made 1.55 billion-pound profit from the terminals last year, the Daily Star reported.

The Commission also found 6,000 children were stopped trying to use betting shops, six times as many as just four years ago.

Fixed odds betting terminals, such as roulette machines, have even been linked to drugs money laundering. Deputy Labour Party Chairman Tom Watson has led a campaign to restrict prizes available on the machines.

Source: ANI
Advertisement

Advertisement
News A-Z
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
News Category
What's New on Medindia
Gonorrhea
World Alzheimer's Day 2021 - 'Know Dementia, Know Alzheimer's
'Hybrid Immunity' may Help Elude COVID-19 Pandemic
View all

Medindia Newsletters Subscribe to our Free Newsletters!
Terms & Conditions and Privacy Policy.


Recommended Reading
Parental Monitoring Helps Reduce Gambling Problem in Children
Recent research has found that monitoring your child can lower their odds for gambling by young ......
Study Shows How Brain of Gambling Addicts Work
A new study finds that gambling addicts present brain function abnormalities affecting their ......
Pill to Cure Compulsive Gambling Addiction, Coming Soon
Scientists have successfully reduced behaviours in rats commonly associated with compulsive ......
Lack of Treatment Options for People With Substance Abuse and Gambling Problems Highlighted
A new study has highlighted the lack of treatment options for a section of people with mental ......

Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment. Full Disclaimer

© All Rights Reserved 1997 - 2021

This site uses cookies to deliver our services. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use